Foreign Exchange Insights and Next Week
Next Week
August 13, 2010
Next week will be much quieter than the past one. No top tier and few overall central bank meetings are scheduled. Those in Turkey, Colombia and Mexico are expected to keep existing rate levels. Minutes from the Bank of England’s August meeting will be examined to see if Andrew Sentance cast a hawkish dissent for […] More
Foreign Exchange Insights and Next Week
Few Feeling Confident or Lucky on This Friday the Thirteenth
August 13, 2010
A mid-August Friday afternoon and Friday the thirteenth no less would be a precarious place for currency traders to sit in the best of circumstances, and these are certainly not that. Trouble lurks wherever one peers, and the market reaction is risk aversion. Start with the U.S. economy because that is where perceptions have been […] More
New Overnight Developments Abroad - Daily Update
Stocks Rose in Asia But Falling in Europe Despite Strong GDP Results
August 13, 2010
The dollar shows marginal overnight losses of 0.2% against the yen and 0.1% relative to the Aussie and New Zealand dollars as well as sterling. The greenback has risen 0.3% against the Swiss franc and 0.1% versus the euro, on the other hand. Japan’s ruling political party is said to be putting mounting pressure the […] More
